Aug. 16 11:16 AM PT12:16 PM MT1:16 PM CT2:16 PM ET18:16 GMT2:16 11:16 AM MST1:16 PM EST22:16 UAE14:16 ETNaN:� BRT - The Oilers have signed Draisaitl to an eight-year contract extension with an average annual value of $8.5 million.Analysis: The extension runs through the 2024-25 season, similar to the eight-year, $100-million extension superstar captain Connor McDavid signed with the team in July. With the signings, the Oilers are banking on McDavid and Draisaitl providing a potent one-two punch for the team as it looks to build on last season's return to the playoffs after a decade of futility. Draisaitl, a 21-year-old German, had 77 points (29 goals, 48 assists) last season, his third in the NHL.